The Macrocompass – Monetary Mechanics Course 2024

The Macrocompass – Monetary Mechanics Course 2024 gives you a clear, investor-grade understanding of how money actually moves through the system—so you can read liquidity, interpret “monetary plumbing,” and make better macro decisions. You get a structured breakdown of the mechanics behind QE/QT, the Treasury General Account, and Reverse Repo, explained step-by-step for practical use.

What is “The Macrocompass – Monetary Mechanics Course 2024”?

This is an online macro course by The Macro Compass that demystifies the monetary system—fiscal deficits, QE/QT, central bank balance sheets, and operational flows—so you can connect policy moves to market impact. The official page positions it as a crucial skill for macro investors over the next decade and lists a price of EUR 499 for access to the program.

What will you learn?

• Define and track liquidity from central bank balance sheets and understand who creates it and how it propagates into markets.
• Differentiate “real-economy money” from financial-system liquidity and map how various money-printing channels affect growth and inflation.
• Decode monetary plumbing operations (e.g., RRP, TGA, BTFP) and assess their likely effects on asset prices and macro conditions.
• Translate monetary mechanics into a repeatable lens for portfolio decisions and risk framing.

Who is it for?

Macro-curious investors, analysts, and portfolio builders seeking a plain-English, evidence-based framework for understanding money and policy. If you want to connect policy operations to market behavior without jargon, this course is for you.

How does it work?

Delivery is through The Macro Compass course portal. The public course page highlights a concise syllabus focused on Liquidity, Real-Economy Money, and Monetary Plumbing, with a stated price of EUR 499. Purchase is available directly from the official page.

Benefits

• Clarity: a unified view of liquidity, money creation, and plumbing flows that you can use immediately.
• Focus: a short, high-signal syllabus that strips out jargon and keeps only what affects markets.
• Actionability: concepts framed for portfolio implications, not academic curiosity.

About the author / institution

The Macro Compass was founded by Alfonso Peccatiello (MacroAlf), former Head of Investments for a ~USD $20bn portfolio at ING Germany, now Founder & CEO of The Macro Compass and CIO at Palinuro Capital. The platform focuses on democratizing professional macro analysis, education, and portfolio strategy.

Why buy from our online course platform?

Centralize your digital purchases in a single account, keep your history, and access them whenever you want to watch online or download. Plus, you’ll always find courses on our platform at affordable prices.

Course content

• Lesson 1 – “Liquidity”, The First Tier of Money: how central bank balance sheets create liquidity, who prints it, how it works, and why it matters for markets and the economy.
• Lesson 2 – “Real-Economy Money”, The Second Tier of Money: who actually prints inflationary, real-economy money, through which channels, and the different macro/market consequences.
• Lesson 3 – “Monetary Plumbing”: a deep dive into operational flows such as Reverse Repo, the Treasury General Account, and the Bank Term Funding Program—what they do and how to read them.
• Course Recap: synthesis of key takeaways to apply the framework in your process.

Apply one insight today: map the latest liquidity changes and TGA/RRP shifts against your risk exposures, then note how these flows align (or conflict) with your portfolio thesis—access the course now.

Downloadable Course Content